#Strategy加仓BTC The Fed nominee reversal and the market's beginning to bet on rate cuts—what does this mean for the crypto world?

The recent contest for the Federal Reserve chair has attracted market attention. There has been a dramatic shift in support rankings—what once seemed stable, Haskett's support has fallen to 15%, while former Fed Governor Wosh unexpectedly rose to over 60%, becoming a hot favorite.

Interestingly, traders are making surprising bets on this "dark horse." Although Wosh is known for his hawkish stance, the market is betting that his appointment would lead to rate cuts and easing policies. Why? Because he has explicitly stated that the root cause of inflation lies in monetary policy, not supply chain bottlenecks. If this view materializes, it could fundamentally change current rate hike expectations.

This "hawkish on the outside, dovish on the inside" expectation has directly cooled the market's rate hike pricing. Risk assets are starting to stir, and the US dollar appears shaky. More notably, Wosh is optimistic about the US economic growth outlook, believing that technological innovation and regulatory easing can drive an economic explosion. This suggests that the financial environment could be more accommodative than current market expectations.

In simple terms, this Fed personnel decision is essentially a preview of capital flows over the next three years. Whoever ultimately takes the helm will hold the key to the money printing machine. For risk assets like $BTC and $ETH, a change in policy tone could directly impact market dynamics.

Of course, policy directions can change rapidly, and market sentiment can reverse easily. Being prepared for both scenarios is the safest approach.